Based on today's classical pivot point (P1) with the value of $0.0₆3289, BitTorrent has support levels of $0.0₆3232, $0.0₆3176, and the strongest at $0.0₆3119. Similarly, BitTorrent resistance levels are at $0.0₆3346, $0.0₆3403, and $0.0₆3459.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆3232 | |
| S2 | $0.0₆3176 | |
| S3 | $0.0₆3119 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₆3346 | |
| R2 | $0.0₆3403 | |
| R3 | $0.0₆3459 |
Technical indicators are an essential tool for conducting technical analysis. They provide insights into an asset's market status, investor sentiment, and more, thereby helping investors make more informed trading decisions.
| Period | Value | Action |
|---|---|---|
| RSI (14) | 24.47 | BUY |
| Stoch RSI (14) | 39.35 | NEUTRAL |
| Stochastic Fast (14) | 23.22 | NEUTRAL |
| Commodity Channel Index (20) | -66.67 | NEUTRAL |
| Average Directional Index (14) | 38.23 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -76.78 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 44.42 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, BitTorrent price was most positively correlated with the price of Aave (AAVE), Curve DAO Token (CRV), Mantle (MNT), KuCoin Token (KCS) and Avalanche (AVAX) and most negatively correlated with the price of Decred (DCR), Sky (SKY), Midnight (NIGHT), Gnosis (GNO) and JUST (JST).
| Name | Correlation |
|---|---|
| Aave | 0.948 |
| Curve DAO Token | 0.945 |
| Mantle | 0.945 |
| KuCoin Token | 0.943 |
| Avalanche | 0.940 |
| Name | Correlation |
|---|---|
| Decred | -0.547 |
| Sky | -0.042 |
| Midnight | 0.001 |
| Gnosis | 0.057 |
| JUST | 0.206 |
BitTorrent price is positively correlated with the top 10 coins by market cap with a price of 0.826, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.785.
Currencies that are positively correlated with BitTorrent indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with BitTorrent, a move in one direction for BitTorrent would translate into a move in the opposite direction for the negatively correlated coin.
